Mombasa tycoon Twahir Sheikh Said dies at South Africa hospital

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Mombasa businessman Twahir Sheikh Said who died at Milpark hospital in South Africa on January 10, 2016. /COURTESY

Mombasa businessman Twahir Sheikh Said, popularly known as TSS, died on Tuesday at a hospital in South Africa.

The billionaire’s son Twahir Said confirmed his death at Milpark hospital, and said burial arrangements were underway.

“It’s a shock to us but it’s Allah’s plan,” he said.

The body will arrive on Wednesday.

The businessman’s family has been involved in wrangles over loan defaults of about Sh2.7 billion, associated with TSS Unga Millers.

Early in 2015, the Kenyan government cancelled title deeds to large tracts of land in Lamu county that were associated with the tycoon.

Some of the land is said to have been used to secure loans in excess of Sh5 billion from two banks that are listed on the stock exchange.

More to follow

proudly_kenyan
Kenya

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